[josephr25]

Live at home like me. Woo.

I'd like to have my own place though. A BMW eventually just becomes a means of taking me from point A to B rather than a luxury or cool car.

[bulldog_yyc]

Originally Posted by ellipsis212

i live in Manhattan. should i save up for a house that doesn't exist?

LOL

[E90330iS]

his point is really just asking if it is smart to spend too much money on a car when he does not have a house yet.

[GregTheStig]

If it was a nice apartment in a good neighborhood I'd get another BMW before I upgraded. Who cares if I have messed up priorities? I'm still driving a BMW.

[Javier]

i live in the BMW

[JoeyBananaz18]

Originally Posted by Majikthese42

The (brilliant) apartment-dweller wold have lost far less money on depreciation of a BMW than on a house over the last few years.

lol i knew i made the right choice lmao

[dpwr]

do what makes you happy

[BayMoWe335]

Do we really believe in the "do what makes you happy" thesis?

[aitsu]

i live in a van down by the river!

[e90-ZeRo]

Originally Posted by BayMoWe335

Do we really believe in the "do what makes you happy" thesis?

I sure do. In Glendale, CA I see people with brand new S-Class and 7-series (Li's too) parked in front of apartments. It's fairly common. I'm not pointing at any particular race here, but Armenians really do love their Mercs! Glendale is Merc city but to be honest, in general, a majority of the cars feel like they're European. Mostly Benz's, Bimmers 2nd, and Audi's last.

Watch this video, I laughed so hard when I was shopping for a car (I like Merc's but I feel that's when I retire). It's so true.

So a 3-series in an apartment seems fine. Though if you have a 5-series or above and living in an apartment, your priorities are definitely in need of adjustment. Though who am I to judge, if you analyze my situation, i'm not much better!

[jopa489]

Not sure why this matters at all? Do what you like and what makes you happy.

[bsamoul]

Originally Posted by Javier

i live in the BMW

[JoeyBananaz18]

Originally Posted by Prowess Symphony

Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all.

guilty! i dont live off them. just with them while im trying to get myself established.

[Ron1n]

Originally Posted by nukezero

true!
i'll live in a 1000 sq. ft. apt on Rodeo drive in beverly hills for $1500 / mo. versus living in a 2000 sq. ft house in COMPTON or South Central LA for the same price.

If you're going to make a statement like this, try and make it semi-believable.

There's no such thing as a $1500 apartment on Rodeo with a Beverly Hills address. I had a condo in Carmel Mountain that size, and it was more than that.

[e90-ZeRo]

Originally Posted by Prowess Symphony

Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all.

HEY! I'm trying... i'm... in a transitional stage!

[ABSAUTOBODY]

Originally Posted by 335fourdoor

wgaf

+99999999

[CRWaaa]

Originally Posted by BayMoWe335

What do we think about driving a newer BMW and living in an apartment? In general, I am talking about a person who chooses to live in an apartment because they choose to drive an expensive car. Not college students.

Should this person be saving for a house or is it perfectly acceptable to be, let's say 30 or over, living in an apartment with an expensive car?

As long as its a nice apartment in a decent area with a garage, then its so having an expensive car.

I've only been out of college a couple year so Im under 30 but I've already owned two BMWs (04 E46, 08 E92) and lived in apartments.

Should I be saving for a house, probably, but I looked at it like this...I'll probably get a house when I get married and when I get married I won't be able to just go out and upgrade BMWs every few years due to a wife. So I might as well have fun now and drive an expensive car.

[mkato13]

I am 30 living in an apartment owning a BMW. Would I like a house? Sure is it a priority? Nope. I like not having to deal with all the BS attached to owning a house right now. Plus im not sure where I am in life, meaning finding a girl to spend life with, which state do I want to live in, which job to I want to cahnge to in my current career(thankfully I can do that). I guess the most important piece of info is that I live in an apartment by choice not by financial reasons.

[jayjaybelbel]

i don't see anything wrong with it...if you make the payments in the apt and paying for your car then thats all good..what really bothers me are people who uses food stamps and lives in a low cost housing and still drives expensive cars...

[Orient330iNYC]

Originally Posted by Roowah

I couldn't agree with you more! It's all a matter of perspective. People need to understand that in certain cities such as NYC or in my case Boston, housing is extremely expensive. A co-op in NYC or a condo in my town, both "apartments", can easily (and most likely) cost more than a large "luxury" home in many parts of the US.

Even renting an apartment in either of these areas most likely is more than a mortgage in most areas.

I'm not sure where the OP is currently residing, but living in an apartment, either by purchasing or renting versus buying a single family house, has no relationship to a person's financial and social status. Would you look down on someone who pulled out of Trump Towers in a Bentley merely because he/she is living in an apartment?

+1
I rent an apt in a luxury building near wall st, walk to work and have a bmw. one did not dictate the choice of the other. hell, my parking costs as much as a lease special 335i....
not sure what the generalization is trying to say.... everyone has their own priorities, everyone has different needs.
i will say though, if you are stretching yourself to make rent, eat, and have a bmw, you may need to reexamine those priorities, but at the end of the day, they are YOUR priorities.

[Arriv3d]

Well, me personally, I share an apartment with my cousin and I still have a BMW. Had a beautiful '04 Corvette before I bought the BMW (it was tragically totalled. Thank you, rain + shitty loop 1604) The fact is, I love cars. I'm a student, and starting nursing school in the fall. I work 40 hours a week and I also go to school full time and have been for the last three years. I suppose realistically it would almost be CHEAPER to buy a house than it would be throwing away money on rent. I get the occasional comment about my lifestyle, but I say hey, I drive a BMW, I'm doing well for myself, and I have a very nice apartment. It works for me, so do what works for you, my friend. Odds are people who are hating on you for it are probably just jealous.

[jayjaybelbel]

Originally Posted by Arriv3d

I'm a student, and starting nursing school in the fall.

Good luck on nursing school...you won't regret it...